Table 8
Marginal effects of plant characteristics on exit: all plants

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Marginal effects of plant characteristics on exit: all plants
  estimate standard error
Relative productivity -0.019 0.0030
Relative employment -0.049 * 0.0030
Age -0.012 * 0.0004
*
p<0.05
Note(s):
We calculate marginal effects on the basis of equations (4)-(6), using probit coefficients in Table 5 and 'nlcom' command in STATA. We evaluate marginal effects at the two-digit industry mean values of all variables.